Wall Street Zen Downgrades Canopy Growth (NASDAQ:CGC) to Sell

Market Beat
2026.02.07 08:01
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Wall Street Zen has downgraded Canopy Growth (NASDAQ:CGC) from a "hold" to a "sell" rating. This follows a series of mixed ratings from other brokerages, with Weiss Ratings maintaining a "sell (e+)" and Benchmark upgrading to "hold." Canopy Growth's stock opened at $1.10, with a market cap of $405.31 million. The company reported a narrower loss in its latest quarterly earnings, but missed EPS expectations. Analysts forecast a challenging year ahead with an average rating of "Reduce."